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Recent research: The global security detection system market is expected to reach $5.3 billion by 2022

IT Market Research

Lucintel anticipates that Asia Pacific will be the fastest growing region for the global security detection system market


According to a new market report published by Lucintel, the future of the security detection system market looks attractive with opportunities in the airport, shipping port, border, military, and critical infrastructure industries. The global security detection system market is expected to reach an estimated $5.3 billion by 2022 and is forecast to grow at a CAGR of 7.3% from 2017 to 2022.

The major growth drivers for this market are a continuing high threat level from terrorism, criminal activity, increasing air passenger traffic, new airport construction, and stringency in enforcing government security mandates.

In this market, x-ray screening systems, trace detection systems, metal detectors, and other systems are used to ensure the safety and security of people, properties, and critical infrastructure.